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Larry Probst

American businessman


Summary

American businessman

FieldValue
nameLarry Probst
imageLarry Probst in Sochi (2014-02-14).jpeg
image_size250 px
captionProbst in Sochi, February 2014
birth_nameLawrence Francis Probst III
birth_date
educationBusiness administration
alma_materUniversity of Delaware
occupationCEO, Electronic Arts
boardsElectronic Arts
spouseNancy Probst
children2

Chairman, U.S. Olympic Committee

Lawrence Francis Probst III (born June 3, 1950) is an American businessman who served as CEO of video game publisher Electronic Arts from 1991 until 2007, and as executive chairman from 2013 to 2015. He continued to serve as chairman of the board of EA until 2021, when he was succeeded by CEO Andrew Wilson. Probst also served as chairman of the United States Olympic Committee until 2019.

Life

Probst was born on July 3, 1950 to Ruth (née Gallagher) and Lawrence Francis Probst II. He and his wife Nancy have two sons. Probst earned a bachelor's degree from the University of Delaware.

Entertainment career

Probst worked for Johnson & Johnson and Clorox before being recruited into the video game industry through Activision in 1982.

Electronic Arts

In 1984 Probst joined EA as vice president for sales, a position he held until 1986. He then took on the role of the company's senior vice president of the publishing division from 1986 until 1990. Probst was promoted to president of Electronic Arts in 1990, remaining in that position until 1997. In 1991, Probst also became CEO of Electronic Arts, a position he held until April 2007.

Next Generation named his one of the "75 Most Important People in the Games Industry of 1995", remarking that "Probst may not be as colorful a character as his predecessor [Trip Hawkins], but he does seem adept at combining the freedom and daring of creativity with the restraints and common sense of a commercial operation."

When president and chief operating officer John Riccitiello resigned in April 2004, Probst became his successor. Riccitiello was re-hired as CEO in 2007, Probst retained his non-operational duties as chairman. He then worked as executive chairman of Electronic Arts from March 18, 2013, to January 1, 2015.

According to EA's 2005 Annual Report, Probst is the biggest individual shareholder in EA, owning 739,761 shares and the right to acquire a further 3.1 million, which combined accounts for 1.2 percent of the company.

In addition to his work at Electronic Arts, Probst also served as the chairman of Digital Entertainment Corporation of America.{{cite web|url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=175326&privcapId=27963|title=Lawrence F. Probst III

Olympic career

In 2008, Probst was made chairman of the board of the U.S. Olympic Committee. Five years after his appointment as chairman of the USOC, Probst was elected as an IOC member at the 125th IOC Session in Buenos Aires in September 2013. Probst worked with many other IOC groups as well. Probst has served on the IOC International Relations and the IOC Radio and Television Commissions. He assumed the position of chair of the IOC Press Commission in 2014. At the end of 2018 Probst retired from his IOC and USOC positions.

References

References

  1. "Lawrence Francis PROBST III - Personal Appointments (free information from Companies House)".
  2. Grubb, Jeffrey. (17 September 2013). "EA Sports chief Andrew Wilson is Electronic Arts' new CEO". VentureBeat.
  3. Nutt, Christian. (2014-12-08). "Longtime exec Larry Probst to leave EA, but remain on its board".
  4. "Welcome to nginx!".
  5. "Alum Probst appointed chairman of U.S. Olympic Committee".
  6. "Lawrence F. Probst III-Chairman of the Board".
  7. (November 1995). "75 Power Players". [[Imagine Media]].
  8. "Board of Directors".
  9. "Board of Directors Accelerate Brain Cancer Cure".
  10. "Larry Probst | USOC Board of Directors".
  11. (2013-09-10). "IOC Session elects nine new members - Olympic News".
  12. "2015 - COMMISSIONS OF THE IOC". Olympic IOC Commissions.
  13. Owen, David. (January 6, 2019). "IOC membership dips back below 100 mark as constructive critics retire".
Wikipedia Source

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